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    Sahara & Cimarron Las Vegas, NV 89117

    For Sale
    $4,300,000

    2.22 Acres, C-1 Zoning, $4.3M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.22-acre commercial land parcel presents a lucrative investment opportunity in Las Vegas, Nevada. Located at the intersection of Sahara and Cimarron, in the desirable Spring Valley area, this property boasts a highly visible 163-foot frontage on West Sahara Avenue, complete with existing sidewalks and curbs. The property is zoned C-1, allowing for a variety of local business uses. Its strategic location east of Summerlin and west of the Las Vegas Strip places it within a thriving commercial and residential area, benefiting from established infrastructure and high traffic counts. The assessed parcel number (APN) is 163-09-102-002, and the Clark County jurisdiction ensures a streamlined development process. Traffic counts at the nearby intersection of Sahara and Buffalo register at 72,113, highlighting the significant potential for high visibility and customer traffic. The asking price for this exceptional property is $4,300,000. This prime location offers unparalleled access to a dense population base and significant commercial activity, making it an ideal site for a variety of commercial ventures. Improved roads and a well-established surrounding area further enhance its appeal. Don't miss this chance to acquire a highly desirable commercial land parcel in one of Las Vegas's most dynamic locations.

    Property Features for 0 Sahara & Cimarron

    General Information

    Property type
    Land
    Lot Size
    96,703 SF

    HighLights

    • 2.22‑acre commercial land parcel in Las Vegas, NV.
    • High‑visibility 163‑foot frontage on West Sahara Avenue, at Sahara & Cimarron in Spring Valley.
    • C‑1 zoning allows for diverse business uses.
    • Located east of Summerlin and west of the Strip, in a high‑traffic area with established infrastructure.
    • APN 163‑09‑102‑002, Clark County jurisdiction.
    • Asking price: $4,300,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.2699531
    Latitude
    36.1439761

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    FAQs

    What type of property is this?
    Land - 2.22 Acres, C-1 Zoning, $4.3M
    Where is this land located?
    The property is located at Sahara & Cimarron Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: 2.22-acre commercial land parcel in Las Vegas, NV.; High-visibility 163-foot frontage on West Sahara Avenue, at Sahara & Cimarron in Spring Valley.; C-1 zoning allows for diverse business uses.
    Request Owner's contact information
    Sahara & Cimarron Las Vegas, NV 89117
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    Las Vegas, NV 89117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sahara & Cimarron Las Vegas, NV 89117
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